Loan Documentation Specialist
IFF (CDFI), Chicago, IL, United States
Loan Documentation Specialist
The Loan Documentation Specialist works closely with the Lending team, Closers, and Partnership/Asset Managers to coordinate and ensure that loan files are maintained in adherence with IFF's Policy. The role is primarily responsible for ensuring the safe and organized storage of all original loan documents. The Loan Documentation Specialist will manage the department's document management procedures and support accountability efforts through regular file and data audits. Additionally, the role supports our Finance team to package eligible loan documents for collateralization with investors. IFF is looking for candidates with a commitment to the work we do who can demonstrate their creativity, diligence, enthusiasm, growth-mindset, thoughtfulness, and passion to make meaningful change in the areas of economic and racial justice. Core Responsibilities: Overseeing and managing Capital Solutions' physical and electronic loan document management system. Maintaining and enforcing document management policies and procedures. Auditing loan approval and impact data and loan files to ensure accuracy and completeness prior to loan closing. Ensuring the proper storage and organization of loan file documents from loan file creation through close out. Serves as the primary liaison between the finance team and external investors to retrieve and provide requested loan documentation. Demonstrates a commitment to equity, diversity, and inclusion. Promotes an environment of empathy and respect, ensures the inclusion of all team members, and will actively engage in EDI events and learning opportunities. Perform other projects as assigned. Position Qualifications: Education: Two years of college, or three to four years of relevant work experience required. Special Knowledge & Skills: Highly organized, keen attention to detail, self-motivated, problem-solver, previous experience with legal or loan related documents is preferred. Additional Requirements: Minimal regional travel may be required. Occasional evening and weekend work may be required. Standard Benefits: Medical, dental, and vision insurance Paid time off 401(k) retirement plan with employer contribution Life Insurance Short and long term disability Work-Life Balance Benefits: Hybrid workplace Summer Fridays Employee Development Benefits: Professional development stipend Mentorship program Miscellaneous: Wellness programs Employee assistance Referral Bonuses IFF does not offer the following: relocation package 100% remote provide sponsorship to applicants who require or will require a work permit. Check off only some boxes in the requirements listed above. Studies have shown that marginalized communities - such as women, LGBTQ+ and people of color - are less likely to apply to jobs unless they meet every qualification. So, if you're excited about this role, we encourage you to apply. Application Instructions: Please visit the Careers section of our website to apply online. IFF values equity, diversity, and inclusion as part of its mission to strengthen nonprofits and the communities they serve. IFF is an equal opportunity employer and is committed to building and maintaining a culturally diverse workplace that is free of discrimination and harassment of any kind. We encourage women, minorities, individuals with disabilities and veterans to apply. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate.
The Loan Documentation Specialist works closely with the Lending team, Closers, and Partnership/Asset Managers to coordinate and ensure that loan files are maintained in adherence with IFF's Policy. The role is primarily responsible for ensuring the safe and organized storage of all original loan documents. The Loan Documentation Specialist will manage the department's document management procedures and support accountability efforts through regular file and data audits. Additionally, the role supports our Finance team to package eligible loan documents for collateralization with investors. IFF is looking for candidates with a commitment to the work we do who can demonstrate their creativity, diligence, enthusiasm, growth-mindset, thoughtfulness, and passion to make meaningful change in the areas of economic and racial justice. Core Responsibilities: Overseeing and managing Capital Solutions' physical and electronic loan document management system. Maintaining and enforcing document management policies and procedures. Auditing loan approval and impact data and loan files to ensure accuracy and completeness prior to loan closing. Ensuring the proper storage and organization of loan file documents from loan file creation through close out. Serves as the primary liaison between the finance team and external investors to retrieve and provide requested loan documentation. Demonstrates a commitment to equity, diversity, and inclusion. Promotes an environment of empathy and respect, ensures the inclusion of all team members, and will actively engage in EDI events and learning opportunities. Perform other projects as assigned. Position Qualifications: Education: Two years of college, or three to four years of relevant work experience required. Special Knowledge & Skills: Highly organized, keen attention to detail, self-motivated, problem-solver, previous experience with legal or loan related documents is preferred. Additional Requirements: Minimal regional travel may be required. Occasional evening and weekend work may be required. Standard Benefits: Medical, dental, and vision insurance Paid time off 401(k) retirement plan with employer contribution Life Insurance Short and long term disability Work-Life Balance Benefits: Hybrid workplace Summer Fridays Employee Development Benefits: Professional development stipend Mentorship program Miscellaneous: Wellness programs Employee assistance Referral Bonuses IFF does not offer the following: relocation package 100% remote provide sponsorship to applicants who require or will require a work permit. Check off only some boxes in the requirements listed above. Studies have shown that marginalized communities - such as women, LGBTQ+ and people of color - are less likely to apply to jobs unless they meet every qualification. So, if you're excited about this role, we encourage you to apply. Application Instructions: Please visit the Careers section of our website to apply online. IFF values equity, diversity, and inclusion as part of its mission to strengthen nonprofits and the communities they serve. IFF is an equal opportunity employer and is committed to building and maintaining a culturally diverse workplace that is free of discrimination and harassment of any kind. We encourage women, minorities, individuals with disabilities and veterans to apply. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, veteran status, or any other status protected by the laws or regulations in the locations where we operate.